Fresherslive Current Affairs;

Govt. introduced FAME II Scheme

Last Updated: May 7, 2019

Free Current Affairs to Your Email
Govt. introduced FAME II Scheme

Govt. introduced FAME II Scheme

07 May 2019 Current Affairs: The government introduced the FAME II scheme to boost the adoption of electric and hybrid vehicles. The scheme estimates that India can country save 64% of anticipated road-based mobility related energy demand and 37% of carbon emissions in 2030 by pursuing a shared, electric, and connected mobility future. 
This reduction in energy demand would result in the reduction of 156 million tonnes of oil equivalent (Mtoe) in diesel and petrol consumption for that year and net saving of approximately $60 billion in 2030 at present oil prices. Further, this would give impetus to India's vision of reducing oil imports by 10% by 2022. 
The transport sector in India continues to be the highest oil consuming sector and the use of diesel and petrol grew at 5.9% and 9.9% respectively in the last 10 years. India's import dependency on oil has increased from 78.3% of total consumption in 2014-15 to settling at a new high of 83.7% in the 10-month period of FY19.
Fresherslive Current Affairs;

Daily Current Affairs 2019

Fresherslive Current Affairs;


Subscribe to Current Affairs

Enter your email to get daily Current Affairs
Current Affairs PDF

Current Affairs 2019 October

October 21
News Quiz
October 20
News Quiz
October 19
News Quiz
October 18
News Quiz

Current Affairs 2019 September

September 30
News Quiz
September 29
News Quiz
September 28
News Quiz
September 27
News Quiz

Current Affairs 2019 August

August 31
News Quiz
August 30
News Quiz
August 29
News Quiz
August 28
News Quiz